Karachi, May 16, 2025 – Gold prices in Pakistan witnessed a notable increase on Friday, driven by a strong upward trend in the global bullion markets.
According to market sources, the price of 24-karat gold per Tola rose by Rs900, bringing the new rate to Rs336,100 per Tola, up from the previous day’s closing of Rs335,200.
This latest surge in gold prices marks another development in what has been a volatile yet upward-trending year for the precious metal. Pakistan’s domestic gold market continues to follow the international cues, and the latest increase reflects broader gains in global bullion demand. The gold price per Tola in Pakistan remains significantly below the all-time high of Rs363,700 per Tola, which was recorded on April 22, 2025.
In addition to the rise in Tola rates, the prices for 24-karat gold per 10 grams also increased by Rs772, reaching Rs288,151 from the previous day’s Rs287,379. Local traders and analysts noted that the domestic increase aligns closely with the international market’s movement, where gold prices rose by $9 per ounce, settling at $3,177 per ounce, compared to $3,168 a day earlier.
Bullion market experts in Pakistan attribute the steady rise in gold prices to a mix of global economic uncertainty, a softer US dollar, and increasing safe-haven demand. These factors have fueled investor interest in gold, driving up both international and local gold prices per Tola. Additionally, geopolitical tensions and inflationary concerns continue to boost gold’s appeal as a secure investment.
The increase in gold prices in Pakistan also reflects fluctuations in currency exchange rates and local supply-demand dynamics. With wedding season underway, domestic demand for gold remains relatively strong, providing additional support to prices in the local market.
Looking ahead, analysts expect gold prices in Pakistan to remain elevated in the near term, especially if global conditions remain uncertain. For now, buyers and investors are keeping a close watch on international trends and rupee-dollar movements, as they directly influence Tola rates in Pakistan’s bullion market.